Kenya's budget deficit is expected to rise to 5.9% of gross domestic product in the 2027/28 fiscal year from 5.5% in 2026/27, the finance ministry said on Friday.
The ministry said net domestic financing was seen at 929.1-billion Kenyan shillings in the 2027/28 fiscal year starting in July, down from 1.04-trillion shillings in the current year.
Net external financing was forecast at 423.8-billion shillings in the next fiscal year, up from 247.2-billion in 2026/27.
Kenya's finance minister typically presents the budget to parliament in June, but next year's will be presented earlier due to general elections in August.
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